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Keep in mind that the U.S. Dollar will always trend lower. The government actively wants a weaker dollar (for international trade advantages) and they also want
by BitwiseFool 6y ago
Keep in mind that the U.S. Dollar will always trend lower. The government actively wants a weaker dollar (for international trade advantages) and they also want an inflated dollar because that's how the US finances it's debt.
- tehjoker 6y agoThat's long term though, short term (years) it can oscillate.
- BitwiseFool 6y agoTrue, I made this comment with the long-term in mind.
- vmception 6y agoNo. When compared to other fiat currencies, which this article says in the first paragraph and how 99.9999% of the US dollar is traded, the US Dollar will not “always trend lower”. Because all fiat currencies are periodically weakening themselves, so in relation to each other this is not visible. Assets with a completely different and known emissions schedule will always be “inflation-linked”, including bitcoin.